Question
Par value $100.00 Coupon rate 4% Frequency 2 per year Yield-to-maturity 6% Term to maturity 3 years If the yield increases by 1%, how will
| Par value | $100.00 |
| Coupon rate | 4% |
| Frequency | 2 per year |
| Yield-to-maturity | 6% |
| Term to maturity | 3 years |
If the yield increases by 1%, how will the duration and convexity impact the bond price?
The price will increase by $5.44.
The price will decrease by $4.75.
The price will increase by $3.42.
The price will decrease by $2.58.
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Entrepreneurial Finance And Accounting For High-Tech Companies
Authors: Frank J Fabozzi
1st Edition
0262336901, 9780262336901
